HP's change in inventory for the quarter that ended in Jan. 2024 was $-47 Mil. It means HP's inventory
increased by $47 Mil
from Oct. 2023 to Jan. 2024 .
HP's change in inventory for the fiscal year that ended in Oct. 2023 was $668 Mil. It means HP's inventory
declined by $668 Mil
from Oct. 2022 to Oct. 2023 .
HP's Total Inventories for the quarter that ended in Jan. 2024 was $6,928 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HP's Days Inventory for the quarter that ended in Jan. 2024 was 61.10.
Inventory Turnover measures how fast the company turns over its inventory within a year.
HP's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.49.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
HP's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.52.
HP Change In Inventory Historical Data
The historical data trend for HP's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $391 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HP (NYSE:HPQ) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HP's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
HP's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HP Change In Inventory Related Terms
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HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
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